Description
Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey fourplex in West Oakland’s McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while three unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new plumbing, windows, electrical, flooring, as well as new landscaping, a freshly painted exterior, and rebuilt gated stairs outside. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,650 per month (est) with a total annual income of $103,800.
Location
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$1,435,000
MLS# 40984969
Listing Agent: Richard Knutson
Courtesy of: RICHARD KNUTSON, BROKER
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